- The DXY index leaves behind Wednesday’s gains.
- A further drop could lead to a drop to the 102.30 region.
The US dollar index (DXY) it extends the turmoil observed so far this week and reverses the advance of the previous session.
Despite the current bounce, further pullbacks remain on the table and could now target the next support at 102.35 (May low), where firm support is expected to emerge.
Looking at the bigger picture, the index’s current bullish stance remains supported by the 3-month line around 100.20, while the longer-term outlook for the dollar looks constructive as long as it is above the 200-day simple moving average. at 96.49.
DXY day chart
Dollar Index Spot
Panorama | |
---|---|
Last Price Today | 103.58 |
Today’s Daily Change | 0.29 |
Today’s Daily Change % | 0.28 |
Today’s Daily Opening | 103.29 |
Trends | |
---|---|
20 Daily SMA | 103.06 |
50 Daily SMA | 100.71 |
100 Daily SMA | 98.47 |
200 Daily SMA | 96.41 |
levels | |
---|---|
Previous Daily High | 104.23 |
Previous Daily Minimum | 103.24 |
Previous Maximum Weekly | 105.01 |
Previous Weekly Minimum | 103.38 |
Monthly Prior Maximum | 103.94 |
Previous Monthly Minimum | 98.31 |
Daily Fibonacci 38.2% | 103.62 |
Daily Fibonacci 61.8% | 103.85 |
Daily Pivot Point S1 | 102.94 |
Daily Pivot Point S2 | 102.59 |
Daily Pivot Point S3 | 101.95 |
Daily Pivot Point R1 | 103.94 |
Daily Pivot Point R2 | 104.58 |
Daily Pivot Point R3 | 104.93 |
Source: Fx Street
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